The Prime Global Rental Index fell by 0.9% in the year to September; its weakest performance in five years.
Knight Frank’s Prime Global Rental Index, which tracks the change in luxury residential rents across 17 cities around the world, fell by 0.9% in the year to September 2015.
This represents the index’s weakest annual performance since the first quarter of 2010. Of the 17 cities tracked by the index, nine recorded flat or falling prime rents in the last 12 months.
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